BTC down 10% just now - Why?

Discussion in 'Crypto Assets' started by OptionsOptionsOptions, Apr 17, 2021.

  1. ZKS31

    ZKS31

    All that the U.S. government has to do is write an executive order to ban Banks from having any customer relationship with any cryptocurrency firm.

    You'll be trapped in Bitcoin or whatever token, without a way to get back into fiat.

    Your token only has value because they can get more fiat.

    If you're stuck in tokens forever, there is no fiat value anymore.

    https://en.wikipedia.org/wiki/Executive_Order_6102

    The government doesn't need to try to seize your wallet. All they have to do is prevent you from getting back into fiat again. lol

    It's foolish to think the U.S. military never made a war plan against Bitcoin, especially since the majority of miners are in China, making it a Chinese Financial Weapon against the U.S.
     
    #71     Apr 19, 2021
    shuraver, yc47ib, d08 and 1 other person like this.
  2. virtusa

    virtusa

    The big problem for crypto fans is that they forget that they should not only know everything about crypto's, but also about their enemy.
    It is not enough to think you are invincible, you should be sure about it. And as long as you don't know what your enemy is able of to do, and how you can neutralize that, you have no certainty at all that you will survive.

    https://markets.businessinsider.com/currencies/news/‘financial-weapon--bitcoin-becomes-another-factor-in-china-us-contest-10028494

    https://markets.businessinsider.com...vestment-alternative-crypto-2021-4-1030319057

    Be sure to have a chair when the music stops:
     
    Last edited: Apr 19, 2021
    #72     Apr 19, 2021
  3. SunTrader

    SunTrader

    Ummm it is MICRO Bitcoin, not mini -

    and why margin is so much less than the other actual mini contracts.
     
    #73     Apr 19, 2021
    johnarb likes this.
  4. SunTrader

    SunTrader

    .......... private ownership of gold.

    Oh wait they already did that once.

    And how about back in 1800's banning private banks from issuing their currency.

    But boy it's so much better having the Fed printer going brrrrrrrrrrrrrrrrrrrrrrr 24x7x365 foooooooooooooorever.
     
    #74     Apr 19, 2021
    johnarb likes this.
  5. SunTrader

    SunTrader

    Crypto fans are not the only ones who think they are invincible.
     
    #75     Apr 19, 2021
    johnarb likes this.
  6. d08

    d08

    You're argument is opinion which is quite irrelevant.
     
    #76     Apr 19, 2021
  7. virtusa

    virtusa

    Ever heard about probability? Is used alot by traders.

    Probability might hurt a lot of fans in future.
     
    #77     Apr 19, 2021
    d08 likes this.
  8. johnarb

    johnarb

    Nocoiners like to celebrate when bitcoin has a pullback, but come on, $55K???

    This is a great price for bitcoin hodlers. When bitcoin hits $75K in the next month or so, there will be celebrations from nocoiners when btc goes down to $65K

    Checkout the happy posts when bitcoin went down from $42K to $28K a couple of months ago

    Keep celebrating these pullbacks, nocoiners, because you need these happy moments :D
     
    #78     Apr 19, 2021
  9. SunTrader

    SunTrader

    History. Not opinion.

    Oh wait you live on the side of the pond and are ignorant of our gubmint's actions here domestically. Nevermind.
     
    #79     Apr 19, 2021
    johnarb likes this.
  10. SunTrader

    SunTrader

    So now it's all about probabilities.

    LOL "black market criminal activity" ohhh scary, scary and all the other bugaboos weren't enough.

    So let's see crypto fans think there are invincible yet not a single crypto (even friggen dogecoin) have been shut down - yet gold does have period in U.S. history when it WAS shut down.

    And the U.S government is one of the world's biggest holders of Gold so they should be concerned with others holding .... bitcoin? Nah.

    Not unless they are converting it into Gold. LOL.
     
    #80     Apr 19, 2021
    johnarb likes this.